The Financial Intelligence Authority (FIA) has expressed frustration over failure by cryptocurrency operators to register with the government agency. Cryptocurrency trading, also known as mining, is a growing global wave…
Bank of Uganda has commenced licensing of payment system operators, payment service providers and issuers of payment instruments. Payment service providers – also known as merchant service providers or PSPs…
The local currency continued on its upward trajectory, trading closer to a key resistance level of 3,550 as demand slumped. The Central open market operations also assisted in keeping market…
The Ministry of Finance, the authority which is charged with the preparing of the national budget, has come under the spotlight over allocating similar amounts of money to different activities…
The Uganda Shilling was somewhat at crossroads, searching for fresh direction before making its next move as volatility was the order of business. Technical analysis of the market pointed to…
The Deputy Governor Bank of Uganda (BoU), Michael Atingi-Ego has urged suppliers to embrace technology and invest in the required equipment, systems, and training because it will not be long…
Stanbic Bank Uganda (SBU) has paid out a total of UGX110 billion to its shareholders for financial year 2019, continuing a long track record of returning consistently positive earnings despite…
The local currency was firmer after marginal losses early in the week, with the recovery guided by subdued market activity as mid-month tax obligations took center stage. Trading was in…
Members of Parliament, sitting on the Legal and Parliamentary Affairs Committee have insisted the Governor and Deputy Governor of Bank of Uganda cannot also coccupy the offices of Chairman and…
By CPA Kalinda Gonzaga Joseph Practitioner, Kalinda & Associates The Government of Uganda through the Ministry of Finance, Planning and Economic Development on February 9, 2021 through a Budget Consultation…
